Redline is my stop loss and the blackline is my target. I will enter it tomorrow If it breaks today's high and keeps it sustain, Then . . Do your analysis before taking any action and take responsibility for your action.
Targets: 373, 404, 438 Use appropriate quantity and risk-reward ratio. Always use a stop loss. Always risk a maximum of 1-2% of your capital. P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.
If this stock breaks out its range then Its target will be 415-420 Rs stock trend is bullish
Note: This is for educational purpose only. There seems to be a flag pattern breakout with volume. RSI at 66 indicates bullish momentum.
The analysis is given on the chart Comment if you have any query and if you like my analysis, don't forget to press the like button. I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and...
The stock might fill it long time gap in upcoming sessions.
Granules could be a good buy above blue line : 393.25 Stop loss around 366 could give us a good RRR. (Or anywhere between 8 to 11%)
Granules India is making HH - HL pattern. Elliot wave theory implications can clearly understood. But most important is MACD crossover. This one is classic example of MACD crossover.
Possible breakout watch out for 335 see in charts
Granules trading in a range currently near its lifetime highs if crosses 336 will give a big breakout
Granules formed falling wedge, which is a bullish pattern for long
The stock is approaching the important support of 20-day simple moving average where the rising trend line meets. Since the trend is bullish, the stock is expected to bounce off near 300.
granules india is forming higher highs and higher lows on higher timeframes and it has recently broke long term resistance; As per fibonacci trend analysis at can touch target of 256. cmp 214 stoploss 181 target 256.
GRANULES INDIA making day by day high with huge volumes, today it has given break out zone 220 above and sustained above closing successfully. one can accumulate at the CMP for another 25 points up move which tends for a target of 240 &250 zone.
Note: This is for educational purpose only. There seems to be a bullish breakout post accumulation with high volume. Moreover, RSI above 65 which too indicates bullish momentum.